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: right. >> secondly, he wanted obama to agree that he would back hillary if she runs for president in 2016, and that was a verbal commitment he believed he had from barack obama. shortly after the election, according, again, to my sources, clinton sent obama a list of five names from which he could choose the next chairman of the democratic national convention. lou: a list from clinton to the president? >> all his guys, or in some cases, his women. lou: do you know who's on the list? >> i don't know the names on the list, but the people on the list, i'm told, were completelyignored -- completely ignored, and clinton learned that none of his people were even vetted or given serious consideration. clinton then learned, as we all did, that barack obama had reid appointed, wasserman-s crarks hulz, his woman, his lady, to the chair of the democratic national committee. what did he do? clinton phoned the president wants to complain about this and speak to the white house. speak to the president. the white house did not put his call through, and he never heard from the president for 24 ho
to president obama right now. >> i have fiscal cliff fatigue. thank you very much. >> sure. tracy: we all do, dennis, but we have to talk about it because congress has to deal with it. we have a new gallup poll showing 5 # 4% of the voters rate the honesty of members of congress below that of used car salesmen. dianne black of tennessee joins us from the home state to hear what the constituents are telling her. what are con constituents sayin? >> well, you know, i'm hearing -oth from my individual constituents and business owners they are really concerned about the spending problem in washington. that's not really talked about. there's a lot of focus on the other side, but there is a real need to control the spending because we know we spend more than what we bring in every year, can want continue down this path, and you'll go off the cliff. we have to resolve that by going off the drivers of the debt, the entitlement programs, and we have to talk about that. tracy: right. we're not. i'm not sure why. i think an easy fix is raise retirement age. is that on the table for the republicans? >> w
split right down the metal on the political ppll on how they want obama to cut the deficit. 41 percent responded in favor of spending cuts. 41 percent of respondents saying they favor tax increases. the white house says it will offer a counterproposal to house speaker proposal. saying that unless he accepts tax increases on the rich the president is willing to go over the cliff. let's get straight to the politics of these developments and the rhetoric and possible economic impact of failure to resolve the issues. joining as, former special assistant to president george w. bush, a veteran political consultants and republican pollster. let's start, if i may, with you. do you think both sides right now are seriously ready to go over the cliff? >> i think the president is very ready because they are reading into this election last month a mandate that i simply don't see. the president got 15 million americans to vote against him which fail to produce any type of meaningful budget in his democratic controlled senate. we are at the disco club because of the president's inability to ever a si
& company" got right. the obama team wants to raise tax now, promises of entitlement reform later and ignore the debt. that's the fiscal cliff deal of the day and the market likes it and the numbers are 5, 16, 22, 23, 29, and the powerball is 6. you lost. the government won. "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, . . >> . stuart: it's a modern day tea party. it's a revolt led by corporations. the wall street journal reports 173 companies announced they'll pay special dividends for shareholders before the end of the year because a big tax increase on dividends could be coming next year and many companies moving up regular dividends to save their taxpayers, to save taxpayers a lot of money. start with disney. it's raising its dividend and paying it out on december 28th. that's 1.3 billion dollars paid out in total, paid out under the current tax rate. and las vegas sands paying a special dividend, that's a o
with that argument? >> i hope they do not believe that argument. look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of wha
, why is he not have raised? [talking over each other] lou: exactly right. barack obama should be out there >> you're wrong.iority. lou: if he cares about the situation he should recognize that people deserve answers. >> you are factually wrong. [talking over each other] >> the death of four americans. [talking over each other] ashley webster. lou: leading democrat, also wants answers from this white house. and we are with you. we support you. i -- this is what we call the conclusion of the broadcast. i have to take my leave of you. as hurtful as that is. good to see you. thank you. thank you all. well, that is it for us tonight. we thank you for being with us. join us tomorrow. we will have every bit as much fun. we hope you will be with this. good night from new york. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendlyace tracks, batteriethat power tomorrow's cs, nearlyndestructible laptops, and the sustainable smart towns of the future. at pasonic, we're driven to make what m
a great night. we'll see you right back here tomorrow. ♪ lou: the obama administration tonight ramping up diplomatic efforts to end seer -- syria's bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning y
sponsorship rights for my2k, they often see paid messages opposing the obama tax hikes. they run the gamut. some talk about the sudden switch to now playing up keeping tax cuts for everyone else. others make fun of my2k origins. a few samples. obama irony, same people who claimed bush tax cuts are only for the rich now argue to keep them because they help the poor. and there is this one. my2k should really be somebody else's two k. they can government not to take their money and say take it from someone else. and then there is this one, y2k was caught by programmers failing to limit code 24 places. speed was caused by americans failing to limit obama to four years. back to you. melissa: thank you so much, thanks they want to tweet hash tag bad ideas. thank you, dennis. lori: what is going on? melissa: you haven't been shopping. lori: luxury jeweler not looking very pretty today. the trade at the nyse coming ahead. melissa: is andrew mason the right person to run it groupon? meeting on the troubled company's future. having you ship my gifts couldn't be easier. well, having a ton of location
-term. they will just pile the blame right on them. however, within a year, it will be seen as obama's recession. >> there you go. stuart: and it may just ruin his second term. that's what i think. charles: i agree with that, but not necessarily the time line. stuart: i'm sorry we had such little time. >> i got to jump in on something more substantial on whether i can eat pizza while i'm driving. [laughter] charles: i was curious about the answer. stuart: it used to be that a house in a good neighborhood is the best investment you can make. some people say that's no longer the case. i will have my take on it next. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness fromsoriatic arthris hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i taed to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events
get the dividend this year. 175 companies doing just that. all right, let's get at it, shall we. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from
of people who elected me and others to have the right to offer amendments and to have unlimited debate on the senate floor. you know, it is interesting when president obama was a senator and republicans were thinking about using this, he said, oh, no, it is terrible, it would destroy the institution and would hurt the country. same thing when senator biden was a senator spoke against it. when harry reid was in the minority he was against it. now they're in the majority. seems like a power play. i think you shouldn't break the rules which is only thing they can do, because they don't have votes to change the rules. you should not break the rules to changehe rules. melissa: from here it is so rd for us to tell how close we're getting to a deal or not. we have our own "money" meter which is scale one to money, what is likelihood a deal gets done. what do you think? what is the likelihood? >> i think it is closer to money than to your ds of winning the powerball but we're not done, we're not quite there yet. melissa: what do you think? ve it like a four? >> yeah. melissa: you think four? t
, this is a woman. absoluly right. she raised $7 million for the obama campgn which certainly gets you consideration, but a won his magaziie featred one ofhe most worst villains in the world at preent inher magazine. diplomacy and bogor don't go handn hand. melissa: and if there's anything weave learned it is so important our diplomats are. this is animportant choice. this is not like a tree to be ven away. and noit has in the past everyone is making the point when george w. bush did this. it is not okay for anyone. >> in the past for previous presidents, and did you all di this. go to big donors, but the good people who have some diplomatic experience or business perience to know how t operate in the world. melissa: or who are friendly. i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has beenencouraging hillary clinton to run for his fice in 2011. the maayor thi
cliff. president up obama has taken to twitter answering fiscal cliff questions right now. looking to drum up support for his tax hike on the wealthiest americans. rich edson is in d.c. with the latest. rich? >> well, that a meeting with state governors tomorrow and nothing on the public schedule with congressional leaders. negotiators are stuck on the administration's last proposal. 1.6 trillion in tax increases. 600 billion in spending reforms and more stimulus spending. republicans call it a joke. the white house says republicans need to step up with a plan. >> i would simply redirect that question to republican leaders who do this date have no put forward any proposal how they would achieve revenues, how they would address the issue that rates have to rise on the top 2%. >> house speaker john boehner says republicans are willing to discuss revenue increases through tax reform. the administration says they're open to tax reform as well but they want an immediate tax rate hike on wealthy americans. with only a few weeks left until hundreds of billions of automatic spending cuts a
'm telling you right now, clarence otis, an obama backer, listen it's going to hurt us, we don't know to what degree, but the negative media darden, because we have to accommodate health care it's going to impact our bottom line. stuart: charles payne yesterday. this morning, darden has backed off, they have reversed course. they're not going to employ a lot more part-time people because of obamacare. they have backed off. liz mcdonald, did they back off because of media and public pressure? >> yes, for the most part, yes. the problem is that the media coverages, they're not reporting that darden and other restaurants like it can no longer offer the health insurance plans they were offering. they've got a lot of of turnover and half the work force quit because health reform outlaws the so-called mini-med plan. and the other issue, too, now we've got an environment where ceo's cannot speak up about the impact of health reform and bottom line and jobs when we've got treasury secretary tim geithner overseer of spending and protector of the u.s. dollar now threatening that we will go over the fis
. that is the sticking point. president obama wants those tax rates raised. john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally diff
night. we ll see you right bachere tomorrow. ♪ one - lou: good evening,everybody. president obama today id tha two weeks may not be nouh to avoid going over the fiscal clef . i've won't add my voice tonight to those who say mr. obama actually wants o ttake us over the cliff. it is my view that not nough habeen made by the national median of the fact that it will be the president's decisionand his alon that we all go cliff diving if, indeed,we are to go cliff diving. it is a decision that is cleerly , unequivocally, and unreservedlyis to make. prident obama has created the condition that must be met. to avoid te clothes and the dive. only he can judge whether his condition is rasonable ad whether it haseen reasonly met. threpublican congessional leaders are at best supporting opposing players in the obama ama. we will take all of this up hre tonigh wih leading republicans and presidential ask rent senator rand paul, a former congressman who has been to the fiscal prosodist, the chairman of the house ways and means committee and the average level conservative author ad columnist mark stei
is get it from the wealthy, right? >> obviously like willie sutton that is where the money is but you have to be extremely careful how you do it because we've looked at the economics and run obama's plan through our economic model and found that for every dollar that it would increase in federal tax revenues it would rrduce gdp by $10. that is a very poor tradeoff as to have higher tax revenues but lower gdp and economic growth. that's not the direction that we want to head. if you're going to increase taxes we should do it through economic growth. that comes through smart tax policy, not dumb tax policy. melissa: but they always say, if you don't, the wealthy won't miss it. they will just pay a little bit more. it is fair their share. it will help close the gap. how do you respond to that? >> all of that money is locked up into productive activity whether in a business or the stock market or somewhere else. so the more that you tax that income, that means there's less investment, there's less for the business. there is less for hiring. it has to come from somewhere. it is not a costl
.91 a barrel. we'll be right back tracy: so president obama continuing to push tax hikes on the rich as part of the big fiscal cliff deal but will raising taxes on the wealthy actually help the government in covering its debts? i'm thinking not. liz macdonald is here with her bottom line. >> take a wild guess. if you raise rate on two top brackets how much does it bring in? it brings in '82 billion. guess how much in terms of government spending in term of time frame it covers, a month, a year? ashley: five minutes? >> pretty close, ashley. look at this. ashley: what is it? >> covers 1 1/2 weeks of government spending at current rates. ashley: that's it. >> when we talk about the fair share, tracy and ashley, you never hear the president say this what the top 1% pay. in other words what their fair share. look at this, 37% of the top 1% is responsible for in terms of personal income tax revenue. they pay, they earn just one fifth, just one fifth of adjusted gross income. moving along top 5%, nearly 60% of the personal income tax revenue. ashley: comes from the top 5%. >> top five%. they earn
at harvard kennedy school where right this very minute senior campaign managers from the romney and obama campaign and every other campaign are being debriefed by top political reporters and it is interesting because obama clearly sees that he has a mandate out of the election on fiscal cliff issues. even though it wasn't a huge issue in the debate the white house is behaving like it has that mandate. what you have been seeing is republicans showing signs of flexibility and i am not just talking john boehner saying revenue is on the table. we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending. they want to kick the can down the road and do more of the
and your losers, wind and resorts, we were just talking about those casinos. we will be right back. ashley: president obama digging deeper on its fiscal cliff stopped earlier today saying we won't cut our way out of this deficit and it starts with raising tax rates on the wealthy but my next guest says this rhetoric could drive us right over that cliff. joining me now is douglas holtz-eakin, former director of the congressional budget office. and it -- you know your numbers, we know the fiscal cliff is going to have a huge impact if we go over it on this economy. before we get into the details are we in real danger of doing that? >> absolutely. this is an enormous heights in taxes, big cuts in spending, a hit to gdp that is 4% when we're growing and one.5, all the makings of a real problem and of fallout on consumer confidence will be severe. i think going over the cliff is unthinkable and something we should not contemplate. ashley: but the fundamental difference is the democrats say we have got to raise taxes on the top 2%. republicans putting forward their proposal saying revenue can be
get his life. have a great night. we will see you right back here tomorrow. ♪ one -- lou: good evening, everybody. president obama today said that two weeks may not be enough to avoid going over the fiscal clef . i've won't add my voice tonight to those who say mr. obama actually wants to take us over the cliff. it is my view that not enough has been made by the national median of the fact that it will be the president's decision and his alone that we all go cliff diving if, indeed, we are to go cliff diving. it is a decision that is cleerly , unequivocally, and unreservedly his to make. president obama has created the condition that must be met. to avoid the clothes and the dive. only he can judge whether his condition is reasonable and whether it has been reasonably met. the republican congressional leaders are at best supporting opposing players in the obama drama. we will take all of this up here tonight with leading republicans and presidential ask brent senator rand paul, a former congressman who has been to the fiscal prosodist, the chairman of the house ways and means committee
great to have you. all right. magic beans and very dust. talking about politics. that is of the white house is leveling the republican counteroffer to avert the fiscal cliff. president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense here that maybe the president is meeting with a few too many people? should we jjst get the job on the fiscal cliff? >> i could not agree more. i felt very discouraged. the president this been more time campaigning that he did of the beginning of his campaign. we need to have serious negotiations. we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with our lead
. >> we have a ton of information. [talking over each other] gerri: we will be right back with my "two cents more". and the answer to the question today. does president obama over toward another bailout? male announcer ] how do you trade? with scottrader streaming quotes, anyay you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it juslike having your own tradg floor, ght at your fingertips. [ rodger at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. maybe you want toincorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most stat with every personalized document t
their fiscal cliff counteroffer to president obama. does it actually have a chance though? will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks out for the right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow. the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell ge
if y act right now. ca the number on your screen now! connell: breaking news from the white house. the governors are just finishing their meeting with president obama. let's listen to a bit of it live. >> we will be included to give our advice, opinion upon public our it will affect we also have ideas how we can save money. how we could be able to create more efficiencies and government and spending with some different demonstrations we have done in our very states. we plan on giving back with some of our suggestions and ideas. we appreciate their time today. statement we are not saying it to beat this plan or the plan. what we all agree on is something needs to get done. taxes on so many nano class americans can go off at the beginning of the yeaa if something is not done. with that, we would be happy to take some questions. >> with a be put off on discussion? did you encourage the president's tax plan to go off? >> we are not backing one particular plan or another. like i said a moment ago. none of us want to see taxes on middle-class folks go out. we think it would h
the beginning of president obama's first term. there is lot of concern about gun laws and will our rights to own and bear arms go away? people have been buying up the guns. that means smith & wesson shares have been skyrocketing. this is 2012, a lock at smith & wesson chart. whether or not they will hit a bull's-eye, last fourth qaer is they blew away expectations. revenue of 134.4 million. this is reporting after the bell tonight. definitely going to be a stock to watch. they have had a track record of beating earnings guidance of the by the way, they just recently raised their own guidance for year-end. this stock really on a roll. pe, even with this gain, guys, is still 16. so it is fairly cheap for that kind of run-up in a stock. one other company, hard to transition from gun to yoga pants but lululemon reported before the bell today. look at this stock. up 6%. another stock that has been on a roll. lululemon shares up 54% so far this year. they make all the yoga pants, tops, all that kind of stuff, guys. better-than-expected results, same-store sales a key indicator of their performance up
between john boehner and president obama was progress. he was feeling more optimistic and he believes the speaker and the president are trading proposals right now. liz: ok, thank you very much. dave: the boosting gdp may be short-lived. we have someone who says call it for a slowdown in the u.s. and warning of a worldwide recession is sauce -- is the moderate thing to do. you don't want to miss harry dent coming. liz: drug refills may be costing you even more money this year filling brandname prescription. you know cheaper alternatives, they may be getting even more affordable. you got to hear this story. we take any kind of prescription drugs. details straight ahead in today's speed read. b you know how panful heartburn can be. for fast, long lasting relief, use doctor recoended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relievi the pain quickly. try fast, long lasting gaviscon®. maybe you want to incorporate a business. ortect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a
had it right, there is no squirmier, bunch than those on wall street. they were throwing any money they had to make sure that barack obama would be a one term, but now all but core coreon core -- cronning him all some with betwnmperor a king. a growiumr of financial types figuring nowhat the president is in, best both ses sort things by caving in. on everything from higher taxes r t rich, that is fine. higher investment related taxes onveryone, have at it. more stimulus, why not why this folding like a cheap suit now? maybe because the financial suits figure to go along so just getlong. i think at electns have consequences, i did not think th wall street so quickly selling its financial soul was one of it in other words, if you hateomeone, stick with it! that's all i'maying, charlie gasparino, liberal columnnist, -- he goes by progressive. rick you thinker. unger is here with us, and charley you first, you called it you saw it but a leap of skill on your part to conclude these3 guys are dise dis disingenuous . >> you are talking about all my sources,. neil: but you were spot on. >>
suppose there is a reason that president obama likes to all the talk about those tax hikes, the top 2%? i wonder why. could it be that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 billion of obamacare taxes that will hit not the 2%, not the 98%, but the middle-class, and they start hitting on january 1st, and it does not matter whether we go over the cliff for not. if you have not heard about those tax hikes, perhaps it is because the mainstream liberal media for some strange reason does not want to talk about the inconvenience impact of obama taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other republicans taking the lead on emigration reforms? i am joined. forget the tech bubble, housing bubble, the student that bubble. the rush to a college education is crushing economic futures. the fiscal cliff now 31 days away, still no mention of
you? just call this number or visit selectquote dot com. neil: is president obama still sitting here? governor romney does visiting here? all because mitt romney was in a serious order taken it seriously? that he was the butt of more jokes. david brennan is on e phone right now. thanks for joining. >> thank you. neil: you have seen the studies. remember, they broke down the juxtaposition of jokes you and it was something like 10 to one, making fun of romney. >> i think first of all you have to know that the comedian's lean left anyway. always. i mean, they are basically -- even though they try to balance that, they are ging to make fun of the other guy who is running against a democrat. but in spite of that, it doesn't matter. you know, look at george w. bush. talk about a walking talking joke. the second time that he ran -- were you kidding me? all he had to do was repeat what he said and people were screaming. neil: and he gotreelected. >> and he got reelect i will say that that is right. i do think it was overly disproportionate and part of my thinking is that evything that mitt
". think you for joining us. that's it for "the willis report." have a great night. he was the right back here tomorrow. ♪ ♪ [music playing] ♪ ♪ lou: good evening, everybody. a lot has changed in the last 24 hours. tonight it appears there is little likelihood that president obama intends to make any meaningful offer of spending cuts with which to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiration on december 31, the consequences would simply be devastating. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. the very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds h
Search Results 0 to 49 of about 52 (some duplicates have been removed)